FTB achieves homeownership with Own New
21st November 2024
Our 95% LTV 5-year fixed-rate product, featuring a 3% incentive rate reducer, made this dream a reality by providing an affordable, manageable solution for his new build purchase.
Our 95% LTV 5-year fixed-rate product, featuring a 3% incentive rate reducer, made this dream a reality by providing an affordable, manageable solution for his new build purchase.
This FTB case presented several challenges, common to those entering the housing market for the first time, yet we were able to offer a solution that allowed them to secure a Shared Ownership property.
Thanks to our flexible and understanding approach, we were able to offer the couple a mortgage at 95% LTV, enabling them to purchase their first home - a new build flat. This case highlights our commitment to helping first-time buyers.